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EXGJHWSUHVHQWVDQRSHUDWLQJSODQWKDWSHUPLWVWKH&LW\WROLYHZLWKLQDUHDVRQDEOHHVWLPDWHRI UHYHQXHVZKLOHFRQWLQXLQJWRSURYLGHFRPPXQLW\SURJUDPVDQGVHUYLFHVWRWKHUHVLGHQWVRIWKH &LW\RI'LDPRQG%DU  &RQWDFWLQJWKH&LW\¶V)LQDQFLDO0DQDJHPHQW  7KLVILQDQFLDOUHSRUWLVGHVLJQHGWRSURYLGHRXUFLWL]HQVWD[SD\HUVFXVWRPHUVDQGFUHGLWRUV ZLWK D JHQHUDO RYHUYLHZ RI WKH &LW\ RI 'LDPRQG %DU¶V ILQDQFHV DQG WR VKRZ WKH &LW\¶V DFFRXQWDELOLW\ IRU WKH PRQH\ LW UHFHLYHV ,I \RX KDYH TXHVWLRQV DERXW WKLV UHSRUW RU QHHG DGGLWLRQDO ILQDQFLDO LQIRUPDWLRQ FRQWDFW WKH &LW\¶V )LQDQFH 'HSDUWPHQW DW WKH &LW\ RI 'LDPRQG%DU&RSOH\'ULYH'LDPRQG%DU&DOLIRUQLD 13 THIS PAGE INTENTIONALLY LEFT BLANK 14 CITY OF DIAMOND BAR STATEMENT OF NET POSITION Governmental Activities Assets: Cash and investments 34,328,467$ Receivables: Accounts 677,817 Notes and loans 417,748 Accrued interest 151,508 Prepaid costs 8,230 Due from other governments 1,503,494 Cash with fiscal agent 199 Due from employees 1,069 Capital assets not being depreciated 274,907,704 Capital assets, net of depreciation 89,290,705 Total Assets 401,286,941 Deferred Outflows of Resources: Deferred pension related items 2,147,791 Deferred OPEB related items 1,905 Total Deferred Outflows of Resources 2,149,696 Liabilities: Accounts payable 2,355,564 Accrued liabilities 244,671 Accrued interest 32,881 Unearned revenue 176,095 Deposits payable 1,915,784 Due to other governments 417,748 Noncurrent liabilities: Due within one year 960,528 Due in more than one year 9,094,668 Net pension liability 5,537,585 Net OPEB liability 541,295 Total Liabilities 21,276,819 Deferred Inflows of Resources: Deferred pension related items 296,393 Total Deferred Inflows of Resources 296,393 Net Position: Net investment in capital assets 354,824,312 Restricted for: Community development projects 1,907,215 Public safety 235,752 Public works 3,268,495 Capital projects 356,711 Debt service 199 Unrestricted 21,270,741 Total Net Position 381,863,425$ JUNE 30, 2018 See Notes to Financial Statements 15 CITY OF DIAMOND BAR STATEMENT OF ACTIVITIES YEAR ENDED JUNE 30, 2018 Operating Capital Charges for Contributions Contributions Governmental Expenses Services and Grants and Grants Activities Functions/Programs Primary Government: Governmental Activities: General government 7,010,922$ 619,147$ -$ -$ (6,391,775)$ Public safety 6,904,971 459,615 186,272 - (6,259,084) Community development 3,083,101 2,023,466 575,326 1,320 (482,989) Parks and recreation 5,532,810 1,648,945 35,000 83,244 (3,765,621) Public works 14,612,857 3,782,259 3,323,928 74,694 (7,431,976) Interest on long-term debt 423,400 - - - (423,400) Total Primary Government 37,568,061$ 8,533,432$ 4,120,526$ 159,258$ (24,754,845) General Revenues: Taxes: Property taxes, levied for general purpose 5,187,630 Transient occupancy taxes 1,019,915 Sales taxes 4,999,873 Franchise taxes 1,419,605 Other taxes 509,322 Motor vehicle in lieu - unrestricted 6,011,177 Use of money and property 67,046 Other 161,145 Total General Revenues 19,375,713 Change in Net Position (5,379,132) Net Position at Beginning of Year 387,402,734 Restatement of Net Position (160,177) Net Position at End of Year 381,863,425$ Program Revenues Net (Expenses) Revenue and Changes in Net Position See Notes to Financial Statements 16 THIS PAGE INTENTIONALLY LEFT BLANK 17 CITY OF DIAMOND BAR BALANCE SHEET GOVERNMENTAL FUNDS JUNE 30, 2018 Capital Projects Funds Other Total Governmental Governmental General Funds Funds Assets: Pooled cash and investments 25,830,783$ 481,841$ 5,845,004$ 32,157,628$ Receivables: Accounts 478,839 - 198,978 677,817 Notes and loans - - 417,748 417,748 Accrued interest 151,508 - - 151,508 Prepaid costs 8,230 - - 8,230 Due from other governments 1,094,918 59,670 269,648 1,424,236 Due from other funds 45,004 - - 45,004 Due from employees 1,069 - - 1,069 Restricted assets: Cash and investments with fiscal agents - - 199 199 Total Assets 27,610,351$ 541,511$ 6,731,577$ 34,883,439$ Liabilities, Deferred Inflows of Resources, and Fund Balances: Liabilities: Accounts payable 1,410,652$ 529,278$ 368,037$ 2,307,967$ Accrued liabilities 233,018 - 11,653 244,671 Unearned revenues 102,520 1,560 72,015 176,095 Deposits payable 1,915,784 - - 1,915,784 Due to other governments - - 417,748 417,748 Due to other funds - - 45,004 45,004 Total Liabilities 3,661,974 530,838 914,457 5,107,269 Deferred Inflows of Resources: Unavailable revenues - 58,972 50,067 109,039 Total Deferred Inflows of Resources - 58,972 50,067 109,039 Fund Balances: Nonspendable: Prepaid costs 8,230 - - 8,230 Restricted for: Community development projects - - 1,907,215 1,907,215 Public safety - - 235,752 235,752 Highways and streets - - 3,268,495 3,268,495 Capital Projects - - 356,711 356,711 Debt service - - 199 199 Committed to: Emergency contingencies 4,500,000 - - 4,500,000 Unassigned 19,440,147 (48,299) (1,319) 19,390,529 Total Fund Balances 23,948,377 (48,299) 5,767,053 29,667,131 Total Liabilities, Deferred Inflows of Resources, and Fund Balances 27,610,351$ 541,511$ 6,731,577$ 34,883,439$ Capital Improvement Fund See Notes to Financial Statements 18 CITY OF DIAMOND BAR RECONCILIATION OF THE BALANCE SHEET OF GOVERNMENTAL FUNDS TO THE STATEMENT OF NET POSITION JUNE 30, 2018 Fund balances of governmental funds 29,667,131$ Amounts reported for governmental activities in the statement of net position are different because: Capital assets net of depreciation have not been included as financial resources in governmental fund activity.363,640,328 Deferred outflows related to pension items: Adjustments due to difference in proportions 236,419$ Net difference between project and actual earnings on pension plan investments 236,958 Difference between expected and actual experiences 8,445 Change in assumptions 1,047,750 618,219 2,147,791 Deferred outflows related to OPEB: 1,905 1,905 Long-term debt, compensated absences, other post employee benefit obligation and net pension liability that have not been included in the governmental fund activity: Bonds payable (9,215,000)$ Unamortized bond premiums/discounts (159,097) Compensated Absences (681,099) Net OPEB liability (541,295) Net pension liability (5,537,585) (16,134,076) Accrued interest payable for the current portion of interest due on bonds has not been reported in the governmental funds.(32,881) Deferred inflows related to pension items: Difference between expected and actual experiences (120,982)$ Change in assumptions (79,892) (95,519) (296,393) Revenues reported as unavailable revenue in the governmental funds and recognized in the statement of activities. These are included in the intergovernmental revenues in the governmental fund activity.109,039 Internal service funds are used by management to charge the costs of certain activities, such as equipment management and self-insurance, to individual funds. The assets and liabilities of the internal service funds must be added to the statement of net position.2,760,581 Net Position of governmental activities 381,863,425$ Current year contributions that occurred after the measurement date Change in employer's proportion and differences between the employer's contributions and the employer's proportionate share of contributions Net difference between project and actual earnings on OPEB plan investments See Notes to Financial Statements 19 CITY OF DIAMOND BAR STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS YEAR ENDED JUNE 30, 2018 Capital Projects Funds Other Total Governmental Governmental General Funds Funds Revenues: Taxes 13,031,475$ -$ 788,971$ 13,820,446$ Licenses and permits 2,558,690 - 569,358 3,128,048 Intergovernmental 6,011,177 290,074 5,452,176 11,753,427 Charges for services 1,652,143 - 1,320,365 2,972,508 Use of money and property (34,130) - 73,144 39,014 Fines and forfeitures 459,615 - - 459,615 Miscellaneous 182,615 - 6,735 189,350 Total Revenues 23,861,585 290,074 8,210,749 32,362,408 Expenditures: Current: General government 5,904,876 - 51,206 5,956,082 Public safety 6,881,227 - 17,098 6,898,325 Community development 2,248,142 - 626,301 2,874,443 Parks and recreation 2,831,120 - 62,582 2,893,702 Public works 4,534,288 2,187,928 2,576,756 9,298,972 Capital outlay 796,535 2,423,219 11,153 3,230,907 Debt service: Principal retirement - - 420,000 420,000 Interest and fiscal charges - - 439,191 439,191 Total Expenditures 23,196,188 4,611,147 4,204,287 32,011,622 Excess (Deficiency) of Revenues Over (Under) Expenditures 665,397 (4,321,073) 4,006,462 350,786 Other Financing Sources (Uses): Transfers in 1,099,268 4,562,915 1,095,899 6,758,082 Transfers out (2,738,250) - (4,925,488) (7,663,738) Total Other Financing Sources (Uses) (1,638,982) 4,562,915 (3,829,589) (905,656) Net Change in Fund Balances (973,585) 241,842 176,873 (554,870) Fund Balances, Beginning of Year 24,921,962 (290,141) 5,590,180 30,222,001 Fund Balances, End of Year 23,948,377$ (48,299)$ 5,767,053$ 29,667,131$ Capital Improvement Fund See Notes to Financial Statements 20 CITY OF DIAMOND BAR RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES YEAR ENDED JUNE 30, 2018 Net change in fund balances - total governmental funds (554,870)$ Amounts reported for governmental activities in the statement of activities are different because: Governmental funds report capital outlays as expenditures. However, in the statement of activities, the costs of those assets is allocated over their estimated useful lives as depreciation expense. This is the amount by which capital outlays exceeded depreciation in the current period. Capital Expenditures 2,905,816$ Depreciation Expense (7,548,362) Loss on disposal of capital assets 6,964 (4,635,582)$ Repayment of bond principal is an expenditure in the governmental funds, but the repayment reduces long-term liabilities in the statement of net position. Principal repayments 420,000$ Amortization of bond premium 14,126 Compensated Absences (33,161) 400,965 Accrued interest for long-term liabilities. This is the net change in accrued interest for the current period.1,665 Pension contributions are expenditures in the governmental funds, but reduce the Net Pension Liability in the statement of net position and changes in the Net Pension Liability are expensed in statement of activities.(519,622) OPEB contributions are expenditures in the governmental funds, but reduce the Net OPEB Liability on the statement of net position and changes in the Net OPEB Liability are expensed in the statement of activities 14,000 Revenues reported as unavailable revenue in the governmental funds and recognized in the statement of activities. These are included in the intergovernmental revenues in the governmental fund activity.(201,511) Internal service funds are used by management to charge the costs of certain activities, such as equipment management and self-insurance, to individual funds. The net revenues (expenses) of the internal service funds is reported with governmental activities.115,823 Change in Net Position of governmental activities (5,379,132)$ See Notes to Financial Statements 21 CITY OF DIAMOND BAR STATEMENT OF NET POSITION PROPRIETARY FUNDS JUNE 30, 2018 Governmental Activities- Internal Service Funds Assets: Current: Cash and investments 2,170,839$ Due from other governments 79,258 Total Current Assets 2,250,097 Noncurrent: Capital assets - net of accumulated depreciation 558,081 Total Noncurrent Assets 558,081 Total Assets 2,808,178$ Liabilities and Net Position: Liabilities: Current: Accounts payable 47,597$ Total Current Liabilities 47,597 Total Liabilities 47,597 Net Position: Investment in capital assets 558,081 Unrestricted 2,202,500 Total Net Position 2,760,581 Total Liabilities and Net Position 2,808,178$ See Notes to Financial Statements 22 CITY OF DIAMOND BAR STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET POSITION PROPRIETARY FUNDS YEAR ENDED JUNE 30, 2018 Governmental Activities- Internal Service Funds Operating Revenues: Sales and service charges 1,084$ Total Operating Revenues 1,084 Operating Expenses: Administration and general 29,112 Insurance Premiums 390,351 Equipment repair and maintenance 228,252 Depreciation expense 153,287 Total Operating Expenses 801,002 Operating Income (Loss)(799,918) Nonoperating Revenues (Expenses): Interest revenue 28,032 Gain (loss) on disposal of capital assets (17,947) Total Nonoperating Revenues (Expenses)10,085 Income (Loss) Before Transfers (789,833) Transfers in 905,656 Changes in Net Position 115,823 Net Position: Beginning of Year, as originally reported 2,693,642 Restatements (48,884) Beginning of Fiscal Year, as restated 2,644,758 End of Fiscal Year 2,760,581$ See Notes to Financial Statements 23 CITY OF DIAMOND BAR STATEMENT OF CASH FLOWS PROPRIETARY FUNDS YEAR ENDED JUNE 30, 2018 Governmental Activities- Internal Service Funds Cash Flows from Operating Activities: Insurance Premiums paid (390,351)$ Payments to suppliers (211,335) Cash received from others 3,292 Cash paid to others (161,032) Net Cash Provided (Used) by Operating Activities (759,426) Cash Flows from Non-Capital Financing Activities: Cash transfers in 905,656 Net Cash Provided (Used) by Non-Capital Financing Activities 905,656 Cash Flows from Capital and Related Financing Activities: Acquisition and construction of capital assets (431,526) Net Cash Provided (Used) by Capital and Related Financing Activities (431,526) Cash Flows from Investing Activities: Interest received 28,032 Net Cash Provided (Used) by Investing Activities 28,032 Net Increase (Decrease) in Cash and Cash Equivalents (257,264) Cash and Cash Equivalents at Beginning of Year 2,428,103 Cash and Cash Equivalents at End of Year 2,170,839$ Reconciliation of Operating Income to Net Cash Provided (Used) by Operating Activities: Operating income (loss)(799,918)$ Adjustments to reconcile operating income (loss) net cash provided (used) by operating activities: Depreciation 153,287 (Increase) decrease in accounts receivable 2,208 (Increase) decrease in due from other governments (79,258) Increase (decrease) in accounts payable 46,029 Increase (decrease) in due to other governments (81,774) Total Adjustments 40,492 Net Cash Provided (Used) by Operating Activities (759,426)$ Non-Cash Investing, Capital, and Financing Activities: Gain/(Loss) on disposition of capital assets (17,947)$ See Notes to Financial Statements 24 &,7<2)',$021'%$5  127(672%$6,&),1$1&,$/67$7(0(176 -81(  1RWH 5HSRUWLQJ(QWLW\DQG6LJQLILFDQW$FFRXQWLQJ3ROLFLHV  D 'HVFULSWLRQRI5HSRUWLQJ(QWLW\  7KH&LW\RI'LDPRQG%DU WKH&LW\ ZDVLQFRUSRUDWHG$SULODVD*HQHUDO/DZ´ &LW\ JRYHUQHG E\ DQ HOHFWHG ILYHPHPEHU FLW\ FRXQFLO $V UHTXLUHG E\ DFFRXQWLQJ SULQFLSOHVJHQHUDOO\DFFHSWHGLQWKH8QLWHG6WDWHVRI$PHULFDWKHVHILQDQFLDOVWDWHPHQWV SUHVHQWWKH&LW\RI'LDPRQG%DU WKHSULPDU\JRYHUQPHQW DQGLWVFRPSRQHQWXQLWV7KH FRPSRQHQWXQLWVGLVFXVVHGEHORZDUHLQFOXGHGLQWKH&LW\ 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SURSULHWDU\IXQGV7KH&LW\0DQDJHURUKLVGHVLJQHHLVDXWKRUL]HGWRWUDQVIHUEXGJHWHG DPRXQWVEHWZHHQWKHDFFRXQWVRIDQ\GHSDUWPHQWRUIXQGVWKDWDUHDSSURYHGE\ &LW\&RXQFLO3ULRU\HDUDSSURSULDWLRQVODSVHXQOHVVWKH\DUHDSSURYHGIRUFDUU\RYHU LQWRWKHIROORZLQJILVFDO\HDU([SHQGLWXUHVPD\QRWOHJDOO\H[FHHGDSSURSULDWLRQVDW WKHGHSDUWPHQWOHYHO  %XGJHW%DVLVRI$FFRXQWLQJ  %XGJHWVIRUJRYHUQPHQWDOIXQGVDUHDGRSWHGRQDEDVLVFRQVLVWHQWZLWKJHQHUDOO\ DFFHSWHGDFFRXQWLQJSULQFLSOHV *$$3     57 THIS PAGE INTENTIONALLY LEFT BLANK 58 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE GENERAL FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 24,921,962$ 24,921,962$ 24,921,962$ -$ Resources (Inflows): Taxes 12,954,600 12,913,600 13,031,475 117,875 Licenses and Permits 2,490,385 2,500,883 2,558,690 57,807 Intergovernmental 6,185,553 6,206,138 6,011,177 (194,961) Charges for Services 1,672,310 1,720,137 1,652,143 (67,994) Use of Money and Property 357,000 357,000 (34,130) (391,130) Fines and Forfeitures 438,000 415,500 459,615 44,115 Miscellaneous 148,050 172,630 182,615 9,985 Transfers In 1,212,514 1,160,296 1,099,268 (61,028) Amounts Available for Appropriations 50,380,374 50,368,146 49,882,815 (485,331) Charges to Appropriation (Outflow): General Government City Council 192,397 192,397 185,862 6,535 City Attorney 230,000 770,000 760,265 9,735 City Manager/Clerk 1,534,207 1,534,616 1,372,819 161,797 Finance 757,905 770,652 770,652 - Human Resources 450,755 450,755 350,161 100,594 Information Systems 1,184,040 1,191,607 1,144,350 47,257 Public Information 764,200 827,526 767,335 60,191 Civic Center 532,561 548,044 468,841 79,203 Contribution to OPEB Trust - 85,000 84,591 409 Subtotal General Government 5,646,065 6,370,597 5,904,876 465,721 Public Safety Law Enforcement 6,665,593 6,697,593 6,648,966 48,627 Fire Protection 7,500 7,500 7,359 141 Animal Control 174,500 174,500 173,511 989 Emergency Preparedness 72,700 74,700 51,391 23,309 Subtotal Public Safety 6,920,293 6,954,293 6,881,227 73,066 Community Development Community Development & Planning Admin.1,374,778 1,376,559 952,509 424,050 Building and Safety 846,550 908,550 820,019 88,531 Neighborhood Improvement 325,070 325,070 282,924 42,146 Recreation Services - - 898 (898) Economic Development 361,835 321,835 191,792 130,043 Subtotal Community Development 2,908,233 2,932,014 2,248,142 683,872 Parks and recreation Parks and Recreation Admin.8,040 8,040 2,303 5,737 Diamond Bar Center 1,091,325 1,128,023 1,075,510 52,513 Recreation Services 2,068,043 2,068,372 1,753,307 315,065 Subtotal Parks and recreation 3,167,408 3,204,435 2,831,120 373,315 Public works Public Works 889,615 904,285 785,451 118,834 Engineering 904,480 836,543 520,980 315,563 Road Maintenance 1,859,930 1,845,260 1,604,666 240,594 Landscape Maintenance 327,460 347,460 342,613 4,847 Parks & Facilities Maintenance 1,356,653 1,419,251 1,280,578 138,673 Subtotal Public works 5,338,138 5,352,799 4,534,288 818,511 Capital Outlay 145,000 1,001,599 796,535 205,064 Transfers Out 6,082,367 5,763,893 2,738,250 3,025,643 Total Charges to Appropriations 30,207,504 31,579,630 25,934,438 5,645,192 Budgetary Fund Balance, June 30 20,172,870$ 18,788,516$ 23,948,377$ 5,159,861$ 59 CITY OF DIAMOND BAR MISCELLANEOUS RATE PLAN SCHEDULE OF PROPORTIONATE SHARE OF THE NET PENSION LIABILITY AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS (1) 2015 2016 2017 2018 Proportion of the Net Pension Liability 0.12979%0.12165%0.13265%0.14047% Proportionate Share of the Net Pension Liability 3,207,669$ 3,337,560$ 4,607,967$ 5,537,585$ Covered Payroll 4,376,117$ 4,650,369$ 4,551,711$ 4,680,371$ Proportionate Share of the Net Pension Liability as Percentage of Covered Payroll 73.30%71.77%101.24% 118.32% Plan Fiduciary Net Position as a Percentage of the Total Pension Liability 79.82%78.40%74.06% 73.31% Notes to Schedule: Changes of Assumptions: In 2017, the accounting discount rate reduced from 7.65 percent to 7.15 percent. (1) Historical information is required only for measurement years for which GASB 68 is applicable. Fiscal Year 2015 was the first year of implementation, therefore only four years are shown. See Notes to Required Supplementary Information 60 CITY OF DIAMOND BAR MISCELLANEOUS RATE PLAN SCHEDULE OF PLAN CONTRIBUTIONS - PENSION AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS (1) 2015 2016 2017 2018 Actuarially Determined Contribution 403,553$ 460,471$ 386,806$ 418,739$ Contribution in Relation to the Actuarially Determined Contribution (403,553) (587,684) (542,557) (618,219) Contribution Deficiency (Excess)-$ (127,213)$ (155,751)$ (199,480)$ Covered Payroll 4,650,369$ 4,551,711$ 4,680,371$ 5,088,134$ Contributions as a Percentage of Covered Payroll 8.68%12.91%11.59%12.15% Note to Schedule: Valuation Date:June 30, 2015 Methods and assumptions used to determine contribution rates: Actuarial Cost Method Entry Age Normal Cost Method Discount Rate 7.50% Inflation 2.75% Salary Increases Mortality Rate Table Derived using CalPERS' Membership Data for all Funds Post Retirement Benefit Increase Varies by Entry Age and Service (1) Historical information is required only for measurement years for which GASB 68 is applicable. Fiscal Year 2015 was the first year of implementation, therefore only three years are shown. Contract COLA up to 2.75% until Purchasing Power Protection Allowance Floor on Purchasing Power applies, 2.75% thereafter See Notes to Required Supplementary Information 61 CITY OF DIAMOND BAR SCHEDULE OF CHANGES IN THE NET OPEB LIABILITY AND RELATED RATIOS AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS (1) 2018 Total OPEB Liability Service cost 55,838$ Interest on the total OPEB liability 41,616 Benefit payments (17,988) Net change in total OPEB liability 79,466 Total OPEB liability - beginning 702,459 Total OPEB liability - ending (a)781,925$ Plan Fiduciary Net Position Contribution - employer 102,579$ Net investment income 7,102 Benefit payments (17,988) Administrative expense (132) Net change in plan fiduciary net position 91,561 Plan fiduciary net position - beginning 149,069 Plan fiduciary net position - ending (b)240,630$ Net OPEB Liability/(Assets) - ending (a) - (b)541,295$ Plan fiduciary net position as a percentage of the total OPEB liability 30.77% Covered-employee payroll 5,163,684$ Net OPEB liability as a percentage of covered-employee payroll 10.48% Notes to Schedule: There were no changes of assumptions. Changes in assumptions: (1)Historical information is required only for the measurement periods for which GASB 75 is applicable. Fiscal Year 2018 was the first year of implementation. Future years' information will be displayed up to 10 years as information becomes available. 62 CITY OF DIAMOND BAR SCHEDULE OF CONTRIBUTIONS - OPEB AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS (1) 2018 84,591$ (102,579) (17,988)$ 5,163,684$ 1.64% Notes to Schedule: Methods and assumptions used to determine contributions: Actuarial Cost Method Entry Age Level Percent of Pay Cost Method Discount rate 6.00% Salary increases Investment rate of return Healthcare cost trend rates PEMHCA Minimum Increase Rate Retirement and termination Mortality Pre-retirement mortality rates were based on the RP-2014 Employee Mortality Table for Males or Females, as appropriate, without projection. Post-retirement mortality rates were based on the RP-2014 Health Annuitant Mortality Table for Males or Females, as appropriate, without projection. (1)Historical information is required only for the measurement periods for which GASB 75 is applicable. Fiscal Year 2018 was the first year of implementation. Future years' information will be displayed up to 10 years as information becomes available. *Actuarial methods and assumptions used to set the actuarially determined contribution for Fiscal Year 2018 were from the June 30, 2017 actuarial valuation. 3.00% 6.00% for 2017; 5.00% for 2018 and later years Retirement and termination assumptions used were based on a review of plan experience and our best estimate of future plan experience. 6.00%, net of OPEB plan investment expense 3.90% for 2017; 3.50% for 2018 and later years Actuarially Determined Contribution Contribution in Relation to the Actuarially Determined Contributions Contribution Deficiency (Excess) Covered-employee payroll Contributions as a percentage of covered payroll 63 CITY OF DIAMOND BAR COMBINING BALANCE SHEET NONMAJOR GOVERNMENTAL FUNDS JUNE 30, 2018 Assets: Pooled cash and investments 72,222$ 1,099,672$ 779,397$ 363$ 1,085,461$ Receivables: Accounts - - - - 132,236 Notes and loans - - - - - Due from other governments - - - - - Restricted assets: Cash and investments with fiscal agents - - - - - Total Assets 72,222$ 1,099,672$ 779,397$ 363$ 1,217,697$ Liabilities and Fund Balances: Liabilities: Accounts payable -$ 23,853$ 48,941$ -$ 6,511$ Accrued liabilities - 2,519 1,177 - 6,762 Unearned revenues - - - - - Due to other governments - - - - - Due to other funds - - - - - Total Liabilities - 26,372 50,118 - 13,273 Deferred Inflows of Resources: Unavailable revenues - - - - - Total Deferred Inflows of Resources - - - - - Fund Balances: Restricted for: Community development projects - - - - 1,204,424 Public safety - - - - - Highways and streets 72,222 1,073,300 729,279 363 - Capital Projects - - - - - Debt service - - - - - Unassigned - - - - - Total Fund Balances 72,222 1,073,300 729,279 363 1,204,424 Total Liabilities and Fund Balances 72,222$ 1,099,672$ 779,397$ 363$ 1,217,697$ Special Revenue Funds State Gas Tax Fund Proposition A Transit Fund Proposition C Transit Fund Transportation Grant Fund Integrated Waste Management Fund 64 CITY OF DIAMOND BAR COMBINING BALANCE SHEET NONMAJOR GOVERNMENTAL FUNDS JUNE 30, 2018 Assets: Pooled cash and investments Receivables: Accounts Notes and loans Due from other governments Restricted assets: Cash and investments with fiscal agents Total Assets Liabilities and Fund Balances: Liabilities: Accounts payable Accrued liabilities Unearned revenues Due to other governments Due to other funds Total Liabilities Deferred Inflows of Resources: Unavailable revenues Total Deferred Inflows of Resources Fund Balances: Restricted for: Community development projects Public safety Highways and streets Capital Projects Debt service Unassigned Total Fund Balances Total Liabilities and Fund Balances (CONTINUED) 483,646$ 112,992$ 120,502$ 217,421$ 214,185$ - - - - - - - - - - - - 18,788 - 120,951 - - - - - 483,646$ 112,992$ 139,290$ 217,421$ 335,136$ -$ -$ -$ -$ -$ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 483,646 112,992 - - 335,136 - - 139,290 217,421 - - - - - - - - - - - 483,646 112,992 139,290 217,421 335,136 483,646$ 112,992$ 139,290$ 217,421$ 335,136$ Special Revenue Funds Traffic Improvement Fund Sewer Mitigation Fund Air Quality Improvement Fund Measure M Local Return Fund Road Maintenance & Rehab 65 CITY OF DIAMOND BAR COMBINING BALANCE SHEET NONMAJOR GOVERNMENTAL FUNDS JUNE 30, 2018 Assets: Pooled cash and investments Receivables: Accounts Notes and loans Due from other governments Restricted assets: Cash and investments with fiscal agents Total Assets Liabilities and Fund Balances: Liabilities: Accounts payable Accrued liabilities Unearned revenues Due to other governments Due to other funds Total Liabilities Deferred Inflows of Resources: Unavailable revenues Total Deferred Inflows of Resources Fund Balances: Restricted for: Community development projects Public safety Highways and streets Capital Projects Debt service Unassigned Total Fund Balances Total Liabilities and Fund Balances -$ -$ 39,255$ 16,486$ 399,689$ - - - - - - - - - - - - 14,409 - - - - - - - -$ -$ 53,664$ 16,486$ 399,689$ -$ -$ 400$ -$ -$ - - - - - - - - - 72,015 - - - - - - - - - - - - 400 - 72,015 - - - - - - - - - - - - 53,264 16,486 327,674 - - - - - - - - - - - - - - - - - - - - - - - - - - - 53,264 16,486 327,674 -$ -$ 53,664$ 16,486$ 399,689$ Special Revenue Funds Trails & Bikeways Fund MTA Grant Fund Beverage Center Recycling Grant Fund Used Oil Block Grant Fund Park and Facility Development Fund 66 CITY OF DIAMOND BAR COMBINING BALANCE SHEET NONMAJOR GOVERNMENTAL FUNDS JUNE 30, 2018 Assets: Pooled cash and investments Receivables: Accounts Notes and loans Due from other governments Restricted assets: Cash and investments with fiscal agents Total Assets Liabilities and Fund Balances: Liabilities: Accounts payable Accrued liabilities Unearned revenues Due to other governments Due to other funds Total Liabilities Deferred Inflows of Resources: Unavailable revenues Total Deferred Inflows of Resources Fund Balances: Restricted for: Community development projects Public safety Highways and streets Capital Projects Debt service Unassigned Total Fund Balances Total Liabilities and Fund Balances (CONTINUED) -$ 221,468$ 14,284$ 251,789$ 63,393$ - - - - - 417,748 - - - - 53,568 48,747 - 13,185 - - - - - - 471,316$ 270,215$ 14,284$ 264,974$ 63,393$ 8,563$ -$ -$ 263,779$ -$ - - - 1,195 - - - - - - 417,748 - - - - 45,004 - - - - 471,315 - - 264,974 - 1,320 48,747 - - - 1,320 48,747 - - - - - - - - - 221,468 14,284 - - - - - - 63,393 - - - - - - - - - - (1,319) - - - - (1,319) 221,468 14,284 - 63,393 471,316$ 270,215$ 14,284$ 264,974$ 63,393$ Special Revenue Funds CDBG Fund COPS Fund CLEEP Fund Landscape Maintenance District Fund Measure R Local Return Fund 67 CITY OF DIAMOND BAR COMBINING BALANCE SHEET NONMAJOR GOVERNMENTAL FUNDS JUNE 30, 2018 Assets: Pooled cash and investments Receivables: Accounts Notes and loans Due from other governments Restricted assets: Cash and investments with fiscal agents Total Assets Liabilities and Fund Balances: Liabilities: Accounts payable Accrued liabilities Unearned revenues Due to other governments Due to other funds Total Liabilities Deferred Inflows of Resources: Unavailable revenues Total Deferred Inflows of Resources Fund Balances: Restricted for: Community development projects Public safety Highways and streets Capital Projects Debt service Unassigned Total Fund Balances Total Liabilities and Fund Balances Total Governmental Funds 279,550$ 48,725$ 6,065$ 318,439$ -$ 5,845,004$ 35,742 31,000 - - - 198,978 - - - - - 417,748 - - - - - 269,648 - - - - 199 199 315,292$ 79,725$ 6,065$ 318,439$ 199$ 6,731,577$ 15,990$ -$ -$ -$ -$ 368,037$ - - - - - 11,653 - - - - - 72,015 - - - - - 417,748 - - - - - 45,004 15,990 - - - - 914,457 - - - - - 50,067 - - - - - 50,067 299,302 - 6,065 - - 1,907,215 - - - - - 235,752 - 79,725 - 318,439 - 3,268,495 - - - - - 356,711 - - - - 199 199 - - - - - (1,319) 299,302 79,725 6,065 318,439 199 5,767,053 315,292$ 79,725$ 6,065$ 318,439$ 199$ 6,731,577$ Special Revenue Funds Debt Service Funds PEG Fees Fund Waste Hauler Fund CASP Fees (SB1186) Street Beautification Public Financing Authority 68 THIS PAGE INTENTIONALLY LEFT BLANK 69 CITY OF DIAMOND BAR COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES NONMAJOR GOVERNMENTAL FUNDS YEAR ENDED JUNE 30, 2018 Revenues: Taxes -$ -$ -$ -$ -$ Licenses and permits - - - - - Intergovernmental 1,198,089 1,064,747 879,898 - - Charges for services - 767,659 - - 552,706 Use of money and property 2,034 14,331 12,661 - - Miscellaneous - - - - 6,735 Total Revenues 1,200,123 1,846,737 892,559 - 559,441 Expenditures: Current: General government - - - - - Public safety - - - - - Community development - - - - 495,489 Parks and recreation - 62,582 - - - Public works - 1,163,774 427,269 - - Capital outlay - - - - - Debt service: Principal retirement - - - - - Interest and fiscal charges - - - - - Total Expenditures - 1,226,356 427,269 - 495,489 Excess (Deficiency) of Revenues Over (Under) Expenditures 1,200,123 620,381 465,290 - 63,952 Other Financing Sources (Uses): Transfers in - - - - - Transfers out (1,130,324) (13,092) (414,671) - (30,000) Total Other Financing Sources (Uses) (1,130,324) (13,092) (414,671) - (30,000) Net Change in Fund Balances 69,799 607,289 50,619 - 33,952 Fund Balances, Beginning of Year 2,423 466,011 678,660 363 1,170,472 Fund Balances, End of Year 72,222$ 1,073,300$ 729,279$ 363$ 1,204,424$ State Gas Tax Fund Proposition A Transit Fund Proposition C Transit Fund Transportation Grant Fund Integrated Waste Management Fund Special Revenue Funds 70 CITY OF DIAMOND BAR COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES NONMAJOR GOVERNMENTAL FUNDS YEAR ENDED JUNE 30, 2018 Revenues: Taxes Licenses and permits Intergovernmental Charges for services Use of money and property Miscellaneous Total Revenues Expenditures: Current: General government Public safety Community development Parks and recreation Public works Capital outlay Debt service: Principal retirement Interest and fiscal charges Total Expenditures Excess (Deficiency) of Revenues Over (Under) Expenditures Other Financing Sources (Uses): Transfers in Transfers out Total Other Financing Sources (Uses) Net Change in Fund Balances Fund Balances, Beginning of Year Fund Balances, End of Year (CONTINUED) -$ -$ -$ -$ -$ 73,214 - - - - 8,417 - 73,140 599,463 334,381 - - - - - 13,745 1,895 1,781 3,374 755 - - - - - 95,376 1,895 74,921 602,837 335,136 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 95,376 1,895 74,921 602,837 335,136 - - - - - (612,234) - (119,705) (385,416) - (612,234) - (119,705) (385,416) - (516,858) 1,895 (44,784) 217,421 335,136 1,000,504 111,097 184,074 - - 483,646$ 112,992$ 139,290$ 217,421$ 335,136$ Sewer Mitigation Fund Air Quality Improvement Fund Measure M Local Return Fund Road Maintenance & Rehab Traffic Improvement Fund Special Revenue Funds 71 CITY OF DIAMOND BAR COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES NONMAJOR GOVERNMENTAL FUNDS YEAR ENDED JUNE 30, 2018 Revenues: Taxes Licenses and permits Intergovernmental Charges for services Use of money and property Miscellaneous Total Revenues Expenditures: Current: General government Public safety Community development Parks and recreation Public works Capital outlay Debt service: Principal retirement Interest and fiscal charges Total Expenditures Excess (Deficiency) of Revenues Over (Under) Expenditures Other Financing Sources (Uses): Transfers in Transfers out Total Other Financing Sources (Uses) Net Change in Fund Balances Fund Balances, Beginning of Year Fund Balances, End of Year -$ -$ -$ -$ -$ - - - - - 37,525 66,277 14,409 15,496 35,000 - - - - - - 54 819 306 8,029 - - - - - 37,525 66,331 15,228 15,802 43,029 - - - - - - - - - - - - 16,008 16,608 - - - - - - - - - - - - - - - - - - - - - - - - - - - - 16,008 16,608 - 37,525 66,331 (780) (806) 43,029 - - - - - (37,525) (66,364) - - (287,726) (37,525) (66,364) - - (287,726) - (33) (780) (806) (244,697) - 33 54,044 17,292 572,371 -$ -$ 53,264$ 16,486$ 327,674$ MTA Grant Fund Beverage Center Recycling Grant Fund Used Oil Block Grant Fund Park and Facility Development Fund Trails & Bikeways Fund Special Revenue Funds 72 CITY OF DIAMOND BAR COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES NONMAJOR GOVERNMENTAL FUNDS YEAR ENDED JUNE 30, 2018 Revenues: Taxes Licenses and permits Intergovernmental Charges for services Use of money and property Miscellaneous Total Revenues Expenditures: Current: General government Public safety Community development Parks and recreation Public works Capital outlay Debt service: Principal retirement Interest and fiscal charges Total Expenditures Excess (Deficiency) of Revenues Over (Under) Expenditures Other Financing Sources (Uses): Transfers in Transfers out Total Other Financing Sources (Uses) Net Change in Fund Balances Fund Balances, Beginning of Year Fund Balances, End of Year (CONTINUED) -$ -$ -$ 684,101$ -$ - - - - - 363,842 100,000 - - 661,492 - - - - - - 4,092 296 - 3,155 - - - - - 363,842 104,092 296 684,101 664,647 - - - - - - 9,899 7,199 - - 98,196 - - - - - - - - - - - - 985,713 - - - - - - - - - - - - - - - - 98,196 9,899 7,199 985,713 - 265,646 94,193 (6,903) (301,612) 664,647 - - - 234,801 - (266,965) (95,180) - - (1,282,207) (266,965) (95,180) - 234,801 (1,282,207) (1,319) (987) (6,903) (66,811) (617,560) - 222,455 21,187 66,811 680,953 (1,319)$ 221,468$ 14,284$ -$ 63,393$ CLEEP Fund Landscape Maintenance District Fund Measure R Local Return Fund CDBG Fund COPS Fund Special Revenue Funds 73 CITY OF DIAMOND BAR COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES NONMAJOR GOVERNMENTAL FUNDS YEAR ENDED JUNE 30, 2018 Revenues: Taxes Licenses and permits Intergovernmental Charges for services Use of money and property Miscellaneous Total Revenues Expenditures: Current: General government Public safety Community development Parks and recreation Public works Capital outlay Debt service: Principal retirement Interest and fiscal charges Total Expenditures Excess (Deficiency) of Revenues Over (Under) Expenditures Other Financing Sources (Uses): Transfers in Transfers out Total Other Financing Sources (Uses) Net Change in Fund Balances Fund Balances, Beginning of Year Fund Balances, End of Year Debt Service Funds Total Governmental Funds 104,870$ -$ -$ -$ -$ 788,971$ - 124,001 3,946 368,197 - 569,358 - - - - - 5,452,176 - - - - - 1,320,365 4,320 924 80 242 251 73,144 - - - - - 6,735 109,190 124,925 4,026 368,439 251 8,210,749 51,206 - - - - 51,206 - - - - - 17,098 - - - - - 626,301 - - - - - 62,582 - - - - - 2,576,756 11,153 - - - - 11,153 - - - - 420,000 420,000 - - - - 439,191 439,191 62,359 - - - 859,191 4,204,287 46,831 124,925 4,026 368,439 (858,940) 4,006,462 - - 2,039 - 859,059 1,095,899 - (134,079) - (50,000) - (4,925,488) - (134,079) 2,039 (50,000) 859,059 (3,829,589) 46,831 (9,154) 6,065 318,439 119 176,873 252,471 88,879 - - 80 5,590,180 299,302$ 79,725$ 6,065$ 318,439$ 199$ 5,767,053$ Special Revenue Funds Public Financing Authority PEG Fees Fund Waste Hauler Fund CASP Fees (SB1186) Street Beautification 74 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE STATE GAS TAX FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 2,423$ 2,423$ 2,423$ -$ Resources (Inflows): Intergovernmental 1,596,066 1,234,261 1,198,089 (36,172) Use of money and property 6,500 3,500 2,034 (1,466) Amounts Available for Appropriations 1,604,989 1,240,184 1,202,546 (37,638) Charges to Appropriation (Outflow): Transfers out 1,602,382 1,240,184 1,130,324 109,860 Total Charges to Appropriations 1,602,382 1,240,184 1,130,324 109,860 Budgetary Fund Balance, June 30 2,607$ -$ 72,222$ 72,222$ 75 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE PROPOSITION A TRANSIT FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 466,011$ 466,011$ 466,011$ -$ Resources (Inflows): Intergovernmental 1,058,982 1,058,982 1,064,747 5,765 Charges for services 1,075,000 1,075,000 767,659 (307,341) Use of money and property 10,000 10,000 14,331 4,331 Amounts Available for Appropriations 2,609,993 2,609,993 2,312,748 (297,245) Charges to Appropriation (Outflow): General government 300,000 300,000 - 300,000 Parks and recreation 72,750 72,750 62,582 10,168 Public works 1,520,110 1,520,110 1,163,774 356,336 Capital outlay 14,500 14,500 - 14,500 Transfers out 170,000 324,814 13,092 311,722 Total Charges to Appropriations 2,077,360 2,232,174 1,239,448 992,726 Budgetary Fund Balance, June 30 532,633$ 377,819$ 1,073,300$ 695,481$ 76 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE PROPOSITION C TRANSIT FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 678,660$ 678,660$ 678,660$ -$ Resources (Inflows): Intergovernmental 878,398 878,398 879,898 1,500 Use of money and property 9,000 9,000 12,661 3,661 Amounts Available for Appropriations 1,566,058 1,566,058 1,571,219 5,161 Charges to Appropriation (Outflow): Public works 562,665 562,665 427,269 135,396 Transfers out 914,035 838,211 414,671 423,540 Total Charges to Appropriations 1,476,700 1,400,876 841,940 558,936 Budgetary Fund Balance, June 30 89,358$ 165,182$ 729,279$ 564,097$ 77 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE INTEGRATED WASTE MANAGEMENT FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 1,170,472$ 1,170,472$ 1,170,472$ -$ Resources (Inflows): Charges for services 540,000 540,000 552,706 12,706 Use of money and property 16,000 16,000 - (16,000) Miscellaneous - - 6,735 6,735 Amounts Available for Appropriations 1,726,472 1,726,472 1,729,913 3,441 Charges to Appropriation (Outflow): Community development 620,495 629,699 495,489 134,210 Capital outlay 40,500 40,500 - 40,500 Transfers out 30,000 30,000 30,000 - Total Charges to Appropriations 690,995 700,199 525,489 174,710 Budgetary Fund Balance, June 30 1,035,477$ 1,026,273$ 1,204,424$ 178,151$ 78 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE TRAFFIC IMPROVEMENT FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 1,000,504$ 1,000,504$ 1,000,504$ -$ Resources (Inflows): Licenses and permits 168,562 168,562 73,214 (95,348) Intergovernmental - - 8,417 8,417 Use of money and property 8,000 8,000 13,745 5,745 Amounts Available for Appropriations 1,177,066 1,177,066 1,095,880 (81,186) Charges to Appropriation (Outflow): Transfers out 818,225 870,642 612,234 258,408 Total Charges to Appropriations 818,225 870,642 612,234 258,408 Budgetary Fund Balance, June 30 358,841$ 306,424$ 483,646$ 177,222$ 79 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE SEWER MITIGATION FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 111,097$ 111,097$ 111,097$ -$ Resources (Inflows): Use of money and property 1,500 1,500 1,895 395 Amounts Available for Appropriations 112,597 112,597 112,992 395 Charges to Appropriation (Outflow): Transfers out 109,000 64,551 - 64,551 Total Charges to Appropriations 109,000 64,551 - 64,551 Budgetary Fund Balance, June 30 3,597$ 48,046$ 112,992$ 64,946$ 80 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE AIR QUALITY IMPROVEMENT FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 184,074$ 184,074$ 184,074$ -$ Resources (Inflows): Intergovernmental 70,000 70,000 73,140 3,140 Use of money and property 3,000 3,000 1,781 (1,219) Amounts Available for Appropriations 257,074 257,074 258,995 1,921 Charges to Appropriation (Outflow): Capital outlay 10,000 10,000 - 10,000 Transfers out 228,970 237,515 119,705 117,810 Total Charges to Appropriations 238,970 247,515 119,705 127,810 Budgetary Fund Balance, June 30 18,104$ 9,559$ 139,290$ 129,731$ 81 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE MEASURE M LOCAL RETURN FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 -$ -$ -$ -$ Resources (Inflows): Intergovernmental 672,576 672,576 599,463 (73,113) Use of money and property - - 3,374 3,374 Amounts Available for Appropriations 672,576 672,576 602,837 (69,739) Charges to Appropriation (Outflow): Transfers out 672,576 672,576 385,416 287,160 Total Charges to Appropriations 672,576 672,576 385,416 287,160 Budgetary Fund Balance, June 30 -$ -$ 217,421$ 217,421$ 82 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE ROAD MAINTENANCE & REHAB YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 -$ -$ -$ -$ Resources (Inflows): Intergovernmental - 329,170 334,381 5,211 Use of money and property - - 755 755 Amounts Available for Appropriations - 329,170 335,136 5,966 Charges to Appropriation (Outflow): Transfers out - 329,170 - 329,170 Total Charges to Appropriations - 329,170 - 329,170 Budgetary Fund Balance, June 30 -$ -$ 335,136$ 335,136$ 83 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE TRAILS & BIKEWAYS FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 -$ -$ -$ -$ Resources (Inflows): Intergovernmental 37,000 50,372 37,525 (12,847) Amounts Available for Appropriations 37,000 50,372 37,525 (12,847) Charges to Appropriation (Outflow): Transfers out 73,901 50,372 37,525 12,847 Total Charges to Appropriations 73,901 50,372 37,525 12,847 Budgetary Fund Balance, June 30 (36,901)$ -$ -$ -$ 84 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE MTA GRANT FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 33$ 33$ 33$ -$ Resources (Inflows): Intergovernmental 3,477,094 3,512,981 66,277 (3,446,704) Use of money and property - - 54 54 Amounts Available for Appropriations 3,477,127 3,513,014 66,364 (3,446,650) Charges to Appropriation (Outflow): Transfers out 3,477,094 3,513,014 66,364 3,446,650 Total Charges to Appropriations 3,477,094 3,513,014 66,364 3,446,650 Budgetary Fund Balance, June 30 33$ -$ -$ -$ 85 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE BEVERAGE CENTER RECYCLING GRANT FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 54,044$ 54,044$ 54,044$ -$ Resources (Inflows): Intergovernmental 14,575 14,575 14,409 (166) Use of money and property 600 600 819 219 Amounts Available for Appropriations 69,219 69,219 69,272 53 Charges to Appropriation (Outflow): Community development 24,300 24,300 16,008 8,292 Total Charges to Appropriations 24,300 24,300 16,008 8,292 Budgetary Fund Balance, June 30 44,919$ 44,919$ 53,264$ 8,345$ 86 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE USED OIL BLOCK GRANT FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 17,292$ 17,292$ 17,292$ -$ Resources (Inflows): Intergovernmental 15,700 15,700 15,496 (204) Use of money and property 100 100 306 206 Amounts Available for Appropriations 33,092 33,092 33,094 2 Charges to Appropriation (Outflow): Community development 16,700 16,700 16,608 92 Total Charges to Appropriations 16,700 16,700 16,608 92 Budgetary Fund Balance, June 30 16,392$ 16,392$ 16,486$ 94$ 87 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE PARK AND FACILITY DEVELOPMENT FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 572,371$ 572,371$ 572,371$ -$ Resources (Inflows): Intergovernmental 35,000 35,000 35,000 - Use of money and property 4,500 4,500 8,029 3,529 Amounts Available for Appropriations 611,871 611,871 615,400 3,529 Charges to Appropriation (Outflow): Transfers out 364,560 474,570 287,726 186,844 Total Charges to Appropriations 364,560 474,570 287,726 186,844 Budgetary Fund Balance, June 30 247,311$ 137,301$ 327,674$ 190,373$ 88 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG FUND) YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 -$ -$ -$ -$ Resources (Inflows): Intergovernmental 468,566 488,465 363,842 (124,623) Amounts Available for Appropriations 468,566 488,465 363,842 (124,623) Charges to Appropriation (Outflow): Community development 130,002 130,002 98,196 31,806 Transfers out 338,564 358,463 266,965 91,498 Total Charges to Appropriations 468,566 488,465 365,161 123,304 Budgetary Fund Balance, June 30 -$ -$ (1,319)$ (1,319)$ 89 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE CITIZENS OPTION FOR PUBLIC SAFETY (COPS) FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 222,455$ 222,455$ 222,455$ -$ Resources (Inflows): Intergovernmental 100,000 100,000 100,000 - Use of money and property 2,400 2,400 4,092 1,692 Amounts Available for Appropriations 324,855 324,855 326,547 1,692 Charges to Appropriation (Outflow): Public safety 11,500 21,500 9,899 11,601 Transfers out 102,934 102,934 95,180 7,754 Total Charges to Appropriations 114,434 124,434 105,079 19,355 Budgetary Fund Balance, June 30 210,421$ 200,421$ 221,468$ 21,047$ 90 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE CALIFORNIA LAW ENFORCEMENT EQUIPMENT PROGRAM (CLEEP) FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 21,187$ 21,187$ 21,187$ -$ Resources (Inflows): Use of money and property 250 250 296 46 Amounts Available for Appropriations 21,437 21,437 21,483 46 Charges to Appropriation (Outflow): Public safety 10,000 10,000 7,199 2,801 Total Charges to Appropriations 10,000 10,000 7,199 2,801 Budgetary Fund Balance, June 30 11,437$ 11,437$ 14,284$ 2,847$ 91 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE LANDSCAPE MAINTENANCE DISTRICT FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 66,811$ 66,811$ 66,811$ -$ Resources (Inflows): Taxes 689,538 689,538 684,101 (5,437) Transfers in 302,250 424,374 234,801 (189,573) Amounts Available for Appropriations 1,058,599 1,180,723 985,713 (195,010) Charges to Appropriation (Outflow): Public works 1,035,011 1,180,722 985,713 195,009 Total Charges to Appropriations 1,035,011 1,180,722 985,713 195,009 Budgetary Fund Balance, June 30 23,588$ 1$ -$ (1)$ 92 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE MEASURE R LOCAL RETURN FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 680,953$ 680,953$ 680,953$ -$ Resources (Inflows): Intergovernmental 658,812 658,812 661,492 2,680 Use of money and property 8,000 8,000 3,155 (4,845) Amounts Available for Appropriations 1,347,765 1,347,765 1,345,600 (2,165) Charges to Appropriation (Outflow): Transfers out 1,337,000 1,284,822 1,282,207 2,615 Total Charges to Appropriations 1,337,000 1,284,822 1,282,207 2,615 Budgetary Fund Balance, June 30 10,765$ 62,943$ 63,393$ 450$ 93 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE PEG FEES FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 252,471$ 252,471$ 252,471$ -$ Resources (Inflows): Taxes 100,000 100,000 104,870 4,870 Use of money and property 3,000 3,000 4,320 1,320 Amounts Available for Appropriations 355,471 355,471 361,661 6,190 Charges to Appropriation (Outflow): General government - - 51,206 (51,206) Capital outlay 50,000 80,000 11,153 68,847 Total Charges to Appropriations 50,000 80,000 62,359 17,641 Budgetary Fund Balance, June 30 305,471$ 275,471$ 299,302$ 23,831$ 94 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE WASTE HAULER FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 88,879$ 88,879$ 88,879$ -$ Resources (Inflows): Licenses and permits 128,000 128,000 124,001 (3,999) Use of money and property 1,000 1,000 924 (76) Amounts Available for Appropriations 217,879 217,879 213,804 (4,075) Charges to Appropriation (Outflow): Transfers out 128,000 134,079 134,079 - Total Charges to Appropriations 128,000 134,079 134,079 - Budgetary Fund Balance, June 30 89,879$ 83,800$ 79,725$ (4,075)$ 95 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE STREET BEAUTIFICATION FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 -$ -$ -$ -$ Resources (Inflows): Licenses and permits - - 368,197 368,197 Use of money and property - - 242 242 Amounts Available for Appropriations - - 368,439 368,439 Charges to Appropriation (Outflow): Transfers out - 50,000 50,000 - Total Charges to Appropriations - 50,000 50,000 - Budgetary Fund Balance, June 30 -$ (50,000)$ 318,439$ 368,439$ 96 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE CAPITAL IMPROVEMENT FUND YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 (290,141)$ (290,141)$ (290,141)$ -$ Resources (Inflows): Intergovernmental 510,000 861,727 290,074 (571,653) Miscellaneous 105,000 105,000 - (105,000) Transfers in 20,602,427 20,306,860 4,562,915 (15,743,945) Amounts Available for Appropriations 20,927,286 20,983,446 4,562,848 (16,420,598) Charges to Appropriation (Outflow): Public works 2,187,928 2,187,928 2,187,928 - Capital outlay 19,029,499 19,029,580 2,423,219 16,606,361 Total Charges to Appropriations 21,217,427 21,217,508 4,611,147 16,606,361 Budgetary Fund Balance, June 30 (290,141)$ (234,062)$ (48,299)$ 185,763$ 97 CITY OF DIAMOND BAR BUDGETARY COMPARISON SCHEDULE PUBLIC FINANCING AUTHORITY YEAR ENDED JUNE 30, 2018 Variance with Final Budget Budget Amounts Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 80$ 80$ 80$ -$ Resources (Inflows): Use of money and property - - 251 251 Transfers in 859,406 859,406 859,059 (347) Amounts Available for Appropriations 859,486 859,486 859,390 (96) Charges to Appropriation (Outflow): Debt service: Principal retirement 420,000 420,000 420,000 - Interest and fiscal charges 439,406 439,406 439,191 215 Total Charges to Appropriations 859,406 859,406 859,191 215 Budgetary Fund Balance, June 30 80$ 80$ 199$ 119$ 98 THIS PAGE INTENTIONALLY LEFT BLANK 99 CITY OF DIAMOND BAR COMBINING STATEMENT OF NET POSITION INTERNAL SERVICE FUNDS JUNE 30, 2018 Totals Assets: Current: Cash and investments 920,742$ 328,262$ 477,728$ 444,107$ 2,170,839$ Due from other governments 79,258 - - - 79,258 Total Current Assets 1,000,000 328,262 477,728 444,107 2,250,097 Noncurrent: Capital assets - net of accumulated depreciation - 207,141 350,940 - 558,081 Total Noncurrent Assets - 207,141 350,940 - 558,081 Total Assets 1,000,000$ 535,403$ 828,668$ 444,107$ 2,808,178$ Liabilities: Current: Accounts payable -$ 2,683$ 44,914$ -$ 47,597$ . Total Current Liabilities - 2,683 44,914 - 47,597 Total Liabilities - 2,683 44,914 - 47,597 Net Position: Investment in capital assets - 207,141 350,940 - 558,081 Unrestricted 1,000,000 325,579 432,814 444,107 2,202,500 Total Net Position 1,000,000 532,720 783,754 444,107 2,760,581 1,000,000$ 535,403$ 828,668$ 444,107$ 2,808,178$ Governmental Activities - Internal Service Funds Self Insurance Fund Equipment Replacement Fund Computer Equipment Replacement Building Facility & Maintenance Liabilities and Net Position: Total Liabilities and Net Position 100 CITY OF DIAMOND BAR COMBINING STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET POSITION INTERNAL SERVICE FUNDS YEAR ENDED JUNE 30, 2018 Totals Operating Revenues: Sales and service charges -$ -$ -$ 1,084$ 1,084$ Total Operating Revenues - - - 1,084 1,084 Operating Expenses: Administration and general - 29,112 - - 29,112 Insurance premiums 390,351 - - - 390,351 Equipment repair and maintenance - 33,267 194,985 - 228,252 Depreciation expense - 57,023 96,264 - 153,287 Total Operating Expenses 390,351 119,402 291,249 - 801,002 Operating Income (Loss)(390,351) (119,402) (291,249) 1,084 (799,918) Nonoperating Revenues (Expenses): Interest revenue 8,139 7,210 5,238 7,445 28,032 Gain (loss) on disposal of capital assets - - (17,947) - (17,947) Total Nonoperating Revenues (Expenses)8,139 7,210 (12,709) 7,445 10,085 Income (Loss) Before Transfers (382,212) (112,192) (303,958) 8,529 (789,833) Transfers in 460,706 - 444,950 - 905,656 Changes in Net Position 78,494 (112,192) 140,992 8,529 115,823 Net Position: Beginning of Year, as originally reported 921,506 665,859 670,699 435,578 2,693,642 Restatements - (20,947) (27,937) - (48,884) Beginning of Fiscal Year, as restated 921,506 644,912 642,762 435,578 2,644,758 End of Fiscal Year 1,000,000$ 532,720$ 783,754$ 444,107$ 2,760,581$ Equipment Replacement Fund Computer Equipment Replacement Building Facility & Maintenance Governmental Activities - Internal Service Funds Self Insurance Fund 101 CITY OF DIAMOND BAR COMBINING STATEMENT OF CASH FLOWS INTERNAL SERVICE FUNDS YEAR ENDED JUNE 30, 2018 Totals Cash Flows from Operating Activities: Insurance Premiums paid (390,351)$ -$ -$ -$ (390,351)$ Payments to suppliers - (61,264) (150,071) - (211,335) Cash received from others - - - 3,292 3,292 Cash paid to others (161,032) - - - (161,032) Net Cash Provided (Used) by Operating Activities (551,383) (61,264) (150,071) 3,292 (759,426) Cash Flows from Non-Capital Financing Activities: Cash transfers in 460,706 - 444,950 - 905,656 Net Cash Provided (Used) by Non-Capital Financing Activities 460,706 - 444,950 - 905,656 Cash Flows from Capital and Related Financing Activities: Acquisition and construction of capital assets - (154,920) (276,606) - (431,526) Net Cash Provided (Used) by Capital and Related Financing Activities - (154,920) (276,606) - (431,526) Cash Flows from Investing Activities: Interest received 8,139 7,210 5,238 7,445 28,032 Net Cash Provided (Used) by Investing Activities 8,139 7,210 5,238 7,445 28,032 Net Increase (Decrease) in Cash and Cash Equivalents (82,538) (208,974) 23,511 10,737 (257,264) Cash and Cash Equivalents at Beginning of Year 1,003,280 537,236 454,217 433,370 2,428,103 Cash and Cash Equivalents at End of Year 920,742$ 328,262$ 477,728$ 444,107$ 2,170,839$ Reconciliation of Operating Income to Net Cash Provided (Used) by Operating Activities: Operating income (loss)(390,351)$ (119,402)$ (291,249)$ 1,084$ (799,918)$ Adjustments to reconcile operating income (loss) net cash provided (used) by operating activities: Depreciation - 57,023 96,264 - 153,287 (Increase) decrease in accounts receivable - - - 2,208 2,208 (Increase) decrease in due from other governments (79,258) - - - (79,258) Increase (decrease) in accounts payable - 1,115 44,914 - 46,029 Increase (decrease) in due to other governments (81,774) - - - (81,774) Total Adjustments (161,032) 58,138 141,178 2,208 40,492 Net Cash Provided (Used) by Operating Activities (551,383)$ (61,264)$ (150,071)$ 3,292$ (759,426)$ Non-Cash Investing, Capital, and Financing Activ. Gain/(Loss) on disposition of capital assets - -$ -$ (17,947)$ -$ (17,947)$ Equipment Replacement Fund Computer Equipment Replacement Fund Building Facility & Maintenance Fund Governmental Activities - Internal Service Funds Self Insurance Fund 102 DESCRIPTION OF STATISTICAL SECTION CONTENTS June 30, 201 This part of the City of Diamond Bar’s comprehensive annual financial report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information say about the government’s overall financial health. Contents: Schedules Financial Trends – These schedules contain trend information to help the reader understand how the city’s financial performance and well-being have changed over time. Revenue Capacity – These schedules contain information to help the reader assess the city’s most significant local revenue source, the property tax. Debt Capacity – These schedules present information to help the reader assess the affordability of the City’s current levels of outstanding debt and the City’s ability to issue additional debt in the future. Demographic and Economic Information – These schedules offer demographic and economic indicators to help the reader understand the environment within which the City’s financial activities take place. Operating Information – These schedules contain service and infrastructure data to help the reader understand how the information in the City’s financial report relates to the services the City provides and the activities it performs. 1 - 4 5 - 8 9 - 11 12 - 13 14 - 16 103 THIS PAGE INTENTIONALLY LEFT BLANK 104 Fiscal Year 2014 2015 2016 2017 2018 Governmental activities: Net investment in capital assets 372,068,596$ 368,779,901$ 363,216,277$ 358,765,476$ 354,824,312$ Restricted for: Capital projects 135,914 207,205 267,984 184,074 356,711 Community development 1,174,082 1,482,522 2,382,667 2,066,650 1,907,215 Public safety 140,747 171,928 193,941 243,642 235,752 Public works 4,015,113 3,862,123 4,465,023 3,095,734 3,268,495 Debt service 4 3 29 80 199 Unrestricted 20,894,700 20,659,058 22,742,992 23,047,078 21,270,741 Total governmental activities net position 398,429,156$ 395,162,740$ 393,268,913$ 387,402,734$ 381,863,425$ Fiscal Year 2009 2010 2011 2012 2013 Governmental activities: Net investment in capital assets 367,529,907$ 377,940,738$ 381,985,940$ 382,660,310$ 378,511,311$ Restricted for: Capital projects 3,526,991 2,260,872 146,567 163,603 165,587 Community development 568,280 725,667 1,644,861 958,293 1,084,434 Public safety 541,482 559,920 453,730 285,508 196,503 Public works 3,636,487 3,504,339 3,964,252 Debt service 305,915 319,815 333,694 2 3 Unrestricted 34,554,084 34,215,610 22,582,318 18,288,491 18,508,423 Total governmental activities net position 407,026,659$ 416,022,622$ 410,783,597$ 405,860,546$ 402,430,513$ Source: City Finance Department City of Diamond Bar Net Position by Component Last Ten Fiscal Years (accrual basis of accounting) 105 2009 2010 2011 2012 2013 Expenses: Governmental Activities: General government 5,159,300$ 4,973,685$ 6,370,986$ 6,384,072$ 6,942,983$ Public safety 5,396,083 5,526,099 5,591,049 6,104,982 5,831,227 Public works 13,931,211 12,287,325 10,619,860 11,248,137 10,197,098 Community development 1,959,303 1,624,547 1,969,540 2,126,906 1,980,646 Parks and recreation 4,950,687 5,091,215 5,153,264 5,559,427 5,591,916 Interest on long-term debt 177,633 57,948 72,592 848,976 487,369 Total Primary Government 31,574,217 29,560,819 29,777,291 32,272,500 31,031,239 Program Revenues: Governmental Activities: Charges for services General Government 132,262 131,633 118,016 247,248 160,379 Public safety 596,375 605,262 558,544 491,831 502,948 Public works 1,732,985 2,070,167 2,400,272 2,555,900 2,604,053 Community development 438,563 430,081 955,380 1,006,971 1,196,806 Parks, recreation and culture 1,705,282 1,754,789 1,829,409 1,753,585 1,689,497 Operating grants and contributions 5,588,818 4,358,895 3,685,378 4,992,856 4,024,537 Capital grants and contributions 2,272,580 15,960,279 40,779 1,242,636 690,732 Total Governmental Activities Program Revenues 12,466,865 25,311,106 9,587,778 12,291,027 10,868,952 General Revenues: Taxes Property taxes 4,001,276 3,837,288 4,187,896 3,951,722 4,080,273 Transient occupancy taxes 633,075 569,916 642,509 692,162 782,952 Sales taxes 3,085,223 3,122,229 3,355,127 3,397,259 3,546,239 Franchise taxes 1,093,039 1,115,980 1,259,471 1,415,924 1,465,666 Other taxes 199,365 259,384 172,687 202,951 333,250 Unrestricted Motor vehicle in lieu 4,687,515 4,599,922 4,766,225 4,646,985 4,659,994 Use of money and property 833,270 618,963 474,598 145,408 6,307 Other revenues 304,463 7,090 91,975 46,342 533,475 Loss on disposal of capital asset (21,057) Total General Revenues 14,837,226 14,130,772 14,950,488 14,498,753 15,387,099 Change in Net Position (4,270,126) 9,881,059 (5,239,025) (5,482,720)(4,775,188) Net Position at Beginning of Year 411,296,785 407,026,659 416,022,622 410,783,597 405,860,546 Restatement of Net Position (885,096.00)559,669 1,345,156 Net Position at End of Year 407,026,659$ 416,022,622$ 410,783,597$ 405,860,546$ 402,430,513$ Source: City Finance Department Fiscal Year Ended June 30, City of Diamond Bar Changes in Net Position (accrual basis of accounting) Last Ten Fiscal Years 106 2014 2015 2016 2017 2018 7,301,502$ 6,524,968$ 5,897,286$ 6,712,655$ 7,010,922$ 5,627,026 5,929,156 6,216,279 6,586,188 6,904,971 10,599,386 10,225,922 11,966,721 14,178,723 14,612,857 2,346,073 2,587,504 2,127,206 3,231,764 3,083,101 6,463,192 6,300,920 6,137,787 5,164,413 5,532,810 477,201 466,662 455,700 443,480 423,400 32,814,380 32,035,132 32,800,979 36,317,223 37,568,061 770,908 587,081 661,910 811,846 619,147 559,008 523,145 470,722 460,325 459,615 2,671,741 5,536,984 4,389,876 2,675,313 3,782,259 1,413,094 2,463,932 1,820,325 2,077,810 2,023,466 1,804,189 1,758,319 1,684,814 1,544,002 1,648,945 4,203,990 4,443,765 3,687,015 3,844,192 4,120,526 207,971 717,961 1,455,770 359,669 159,258 11,630,901 16,031,187 14,170,432 11,773,157 12,813,216 4,307,077 4,448,566 4,665,140 4,951,033 5,187,630 851,249 935,355 994,476 923,527 1,019,915 3,658,327 3,974,564 4,598,858 4,789,172 4,999,873 1,393,584 1,460,342 1,431,513 1,320,617 1,419,605 471,455 442,914 523,015 394,961 509,322 4,862,100 5,133,910 5,411,143 5,757,423 6,011,177 256,758 244,275 524,918 58,160 67,046 52,891 114,545 703,457 482,994 161,145 1,328,681 - - - - 17,182,122 16,754,471 18,852,520 18,677,887 19,375,713 (4,001,357) 750,526 221,973 (5,866,179) (5,379,132) 402,430,513 398,429,156 395,162,740 393,268,913 387,402,734 (4,016,942) (2,115,800) (160,177) 398,429,156$ 395,162,740$ 393,268,913$ 387,402,734$ 381,863,425$ 107 THIS PAGE INTENTIONALLY LEFT BLANK 108 General fund:2011 2012 2013 2014 2015 2016 2017 2018 Nonspendable: Prepaid costs 41,451$ 28,114$ 26,331$ 62,752$ 75,887$ 75,866$ 42,108$ 8,230$ Committed to: Emergency contingencies 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000 Unassigned 16,726,964 12,616,200 13,010,385 15,199,698 17,656,659 19,350,943 20,379,854 19,440,147 Total general fund 21,268,415 17,144,314 17,536,716 19,762,450 22,232,546 23,926,809 24,921,962 23,948,377 All other governmental funds: Restricted for: Comm development projects 1,644,861 958,293 1,085,184 1,174,082 1,482,522 2,382,667 2,066,650 1,907,215 Public safety 453,730 285,508 196,503 140,747 171,928 193,941 243,642 235,752 Public works 3,271,595 3,170,407 3,964,252 4,015,113 3,862,123 3,541,041 3,095,514 3,268,495 Capital projects 146,567 164,867 165,587 135,914 207,205 267,984 184,074 356,711 Debt service 333,694 2 3 4 3 29 80 199 Assigned to: Capital Projects 2,730 Unassigned (3,466) (88,639) (71,561) 18,047 (290,141) (49,618) Total all other governmental funds 5,850,447 4,579,077 5,410,793 5,377,221 5,652,220 6,403,709 5,299,819 5,718,754 Total fund balances 27,118,862 21,723,391 22,947,509 25,139,671 27,884,766 30,330,518 30,221,781 29,667,131 Fiscal Year Ended June 30 2009 2010 General fund: Reserved 1,612,181$ 1,955,477$ Unreserved 30,041,357 28,841,621 Total general fund 31,653,538 30,797,098 All other governmental funds: Reserved 2,754,526 1,735,077 Unreserved, reported in: Special revenue funds 5,423,979 5,218,642 Debt Service Fund Capital projects funds (2,701,642) (2,020,782) Total all other governmental funds 5,476,863 4,932,937 Total fund balances 37,130,401$ 35,730,035$ Note: The City implemented GASB 54, titled "Fund Balance Reporting and Governmental Fund Type Definitions" as of the fiscal year ended June 30, 2011. Source: City Finance Department City of Diamond Bar Fund Balances of Governmental Funds Last Ten Fiscal Years (modified accrual basis of accounting) 109 2009 2010 2011 2012 2013 2014 Revenues: Taxes 9,119,375$ 8,591,893$ 9,646,883$ 9,664,801$ 10,200,419$ 10,638,609$ Special assessments 550,822 556,989 556,562 547,209 550,609 549,402 Intergovernmental 12,081,466 11,478,456 9,441,959 11,053,326 10,427,352 10,281,985 Charges for services 1,460,828 3,191,416 3,390,367 3,190,675 3,238,165 3,321,883 Fines and forfeitures 601,533 607,936 567,575 509,166 522,142 582,844 Licenses and permits 1,445,324 640,287 818,913 1,127,569 1,238,626 1,542,765 Use of money and property 938,053 648,503 499,377 183,507 30,116 281,752 Other 1,018,956 30,766 113,578 54,634 551,710 85,558 Total revenues 27,216,357 25,746,246 25,035,214 26,330,887 26,759,139 27,284,798 Expenditures: Current: General government 5,071,860 4,435,858 4,977,021 5,485,001 4,214,834 5,115,321 Public safety 5,407,476 5,524,279 5,580,507 5,731,595 5,678,614 5,602,021 Public works 5,607,870 5,183,964 5,002,456 6,609,087 5,263,046 5,698,765 Parks, recreation and culture 3,673,282 3,655,029 3,712,194 4,090,551 4,050,161 4,406,954 Community development 1,945,951 1,604,220 1,960,125 2,114,433 2,010,040 2,225,647 Capital outlay 5,508,167 5,161,924 11,480,595 6,702,615 3,031,168 2,518,617 Debt service: Principal retirement 265,000 280,000 290,000 12,510,000 335,000 350,000 Interest and fiscal charges 187,212 33,904 37,461 406,626 502,291 492,159 Total expenditures 27,666,818 25,879,178 33,040,359 43,649,908 25,085,154 26,409,484 Excess (deficiency) of revenues over (under) expenditures (450,461) (132,932) (8,005,145) (17,319,021) 1,673,985 875,314 Other financing sources (uses): Bond issued or refinancing 11,790,000 Bonds discount or premium 252,381 Transfers in 6,629,225 4,379,718 2,929,528 6,085,337 5,195,892 4,856,728 Transfers out (7,039,825) (4,795,374) (3,535,556) (6,494,449) (5,690,201) (5,822,286) Proceeds from sale of capital asset 2,282,406 Total other financing sources (uses)(410,600) (415,656) (606,028) 11,633,269 (494,309) 1,316,848 Net changes in fund balances (861,061)$ (548,588)$ (8,611,173)$ (5,685,752)$ 1,179,676$ 2,192,162$ Debt service as a percentage of noncapital expenditures 1.77%1.35%1.45%35.00%3.49%3.35% Source: City Finance Department (modified accrual basis of accounting) Fiscal Year Ended June 30, City of Diamond Bar Changes in Fund Balances, Governmental Funds Last Ten Fiscal Years 110 2015 2016 2017 2018 10,730,234$ 12,930,081$ 12,698,595$ 13,031,475$ 672,492 781,232 769,014 788,971 11,185,489 10,384,417 11,668,517 11,753,427 3,344,356 3,101,103 2,899,321 2,972,508 523,145 470,722 460,325 459,615 5,474,765 4,121,387 2,355,980 3,128,048 273,656 563,300 28,478 39,014 136,786 716,914 561,288 189,350 32,340,923 33,069,156 31,441,518 32,362,408 5,040,491 5,177,288 5,560,482 5,956,082 5,914,404 6,201,985 6,576,954 6,898,325 5,216,083 5,531,705 8,964,282 9,298,972 4,225,938 4,232,431 2,723,558 2,893,702 2,540,430 2,313,053 2,985,973 2,874,443 4,646,891 5,598,997 3,041,443 3,230,907 365,000 385,000 400,000 420,000 481,656 470,741 459,191 439,191 28,430,893 29,911,200 30,711,883 32,011,622 3,910,030 3,157,956 729,635 350,786 7,084,629 7,287,721 6,395,368 6,758,082 (8,249,564) (7,999,925) (6,831,304) (7,663,738) (1,164,935) (712,204) (435,936) (905,656) 2,745,095$ 2,445,752$ 293,699$ (554,870)$ 3.48% 3.24% 3.08%2.95% 111 Source: Los Angeles County Assessor Annual Tax Increment Tables. 112 Fiscal Year Less Total Taxable Total Ended Secured Unsecured Other Tax Assessed Direct June 30, Property Property Property Exemptions Value Tax Rate % Change 2008-09 7,151,359,322 99,170,064 0 48,909,164 7,201,620,222 0.0527 4.46% 2009-10 7,071,193,381 90,528,493 0 66,422,679 7,095,299,195 0.0527 -1.48% 2010-11 7,183,008,793 81,410,401 0 70,706,628 7,193,712,566 0.0527 1.39% 2011-12 7,347,032,537 77,283,606 0 74,296,191 7,350,019,952 0.0527 2.17% 2012-13 7,471,528,800 76,724,231 0 78,856,697 7,469,396,334 0.0527 1.62% 2013-14 7,765,883,788 69,544,511 0 83,574,453 7,751,853,846 0.0526 3.78% 2014-15 8,201,610,010 70,524,426 0 83,189,280 8,188,945,156 0.0526 5.64% 2015-16 8,649,508,385 72,343,401 0 85,103,082 8,636,748,704 0.0526 5.47% 2016-17 9,175,049,277 74,892,798 0 62,484,967 9,187,457,108 0.0525 6.38% 2017-18 9,589,040,619 76,356,565 0 78,363,662 9,587,033,522 0.0525 4.35% Note: Exempt values are not included in Total Net Taxable Values. The assessed valuation data shown above represents the only data currently available with respect to the actual market value of taxable property and is subject to the limitations described above. Source: HDL Coren & Cone and Los Angeles County Auditor/Controller-Property Tax Division. 2008/09 - 2017/18 Taxable Property Values (unaudited) City of Diamond Bar Assessed and Estimated Actual Values of Taxable Property Real Property 0 2,000,000,000 4,000,000,000 6,000,000,000 8,000,000,000 10,000,000,000 12,000,000,000 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18Millions Fiscal Year Net Assessed Value 113 Agency 2008/09 2009/10 2010/11 2011/12 2012/13 2013/14 2014/15 Basic Levy*1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 Metropolitan Water District 0.00430 0.00430 0.00370 0.00370 0.00350 0.00350 0.00350 Mt. San Antonio College 0.02333 0.02571 0.02636 0.02642 0.02896 0.02023 0.02129 Pomona Unified School Dist 0.11577 0.14546 0.17721 0.17364 0.18488 0.16407 0.16599 Walnut Valley Unified School Dist 0.11297 0.11674 0.11839 0.11735 0.12554 0.11342 0.11510 Total Direct & Overlapping Tax Rates 1.2564 1.2922 1.3257 1.3211 1.3429 1.3012 1.3059 City's Share of 1% Levy Per Prop 13*0.05192 0.05192 0.05192 0.05192 0.05192 0.05192 0.05192 General Obiligation Debt Rate Redevelopment Rate* Total Direct Rate*0.05270 0.05274 0.05270 0.05268 0.05267 0.05264 0.05260 * In 1978, California voters passed Proposition 13 which sets the property tax rate at a 1.00% fixed amount. This 1.00% is shared by all taxing agencies for which the subject property resides within. In addition to the 1.00% fixed amount, property owners are charged taxes as a percentage of assessed property values for the payment of any voter approved bonds for the Pomona Unified School District or Walnut Valley Unified School Districts in Diamond Bar depending on which school district the property is located in. Overlapping rates are those of local and county governments that apply to property owners within the City. Not all overlapping rates apply to all city property owners. RDA rate is based on the largest RDA tax rate area(TRA) and includes only rate(s) from indebtedness adopted prior to 1989 per California State statute. RDA direct and overlapping rates are applied only to the incredmental property values. Total Direct Rate is the weighted average of all individual direct rates applied by the government preparing the statistical section information. Source: Hdl Coren & Cone City of Diamond Bar Direct and Overlapping Property Tax Rates (Rate per $100 of Assessed Value) 114 2015/16 2016/17 2017/18 1.00000 1.00000 1.00000 0.00350 0.00350 0.00350 0.02154 0.02400 0.02371 0.15364 0.14368 0.17292 0.09285 0.06601 0.07388 1.2715 1.2372 1.2740 0.05192 0.05192 0.05192 0.05256 0.05252 0.05249 115 2017-18 Percentage of Total Current Taxpayers Assessed Valuation Net Assessed Valuation Roic Diamond Hills Plaza LLC 51,965,025$ 0.54% Lennar Homes of California Inc 48,467,319 0.51% Tlus Sam Red HDB Owner LLC 48,058,404 0.50% BSP Senita Gateway Center LLC 44,880,000 0.47% Emerald Pointe Apartments LLC 39,303,166 0.41% Bridgegate Drive Props 31,937,322 0.33% Roic California LLC 29,072,498 0.30% Target Corporation 28,338,657 0.30% Muller Rock 2 Gateway 27,731,673 0.29% Kaiser 26,763,117 0.28% Top Ten Total 376,517,181$ 3.93% City Total 9,587,033,522$ 2008-09 Percentage of Total Taxpayers Nine Years Ago Assessed Valuation Net Assessed Valuation DB Gateway Corporate Inc 48,500,000$ 0.67% Behringer Harvard Western Portfolio LP 40,731,660 0.57% CRP 2 Holdings CC LP 38,760,000 0.54% VIF II of Hampton and Diamond Bar 36,227,086 0.50% Target Corporation 28,080,832 0.39% Muller Rock 2 Gateway 24,376,264 0.34% Gateway Corporate Center LP 19,635,000 0.27% Danari Diamond Bar LLC 19,159,041 0.27% Country Hills Holdings LLC 18,695,169 0.26% Millennium Diamond Road Partners LLC 18,358,895 0.25% Top Ten Total 292,523,947$ 4.06% City Total 7,201,620,222$ Source: Hdl Coren & Cone. City of Diamond Bar Top 10 Property Taxpayers Current Year and Nine Years Ago 116 Fiscal Year Taxes Levied Ended for the June 30 Fiscal Year Amount % to Levy Years % to Levy 2009 3,760,371 3,436,585 91.39%323,786 8.61% 2010 3,704,133 3,412,996 92.14%291,137 7.86% 2011 3,750,806 3,505,792 93.47%245,015 6.53% 2012 3,844,101 3,506,696 91.22%337,405 8.78% 2013 3,908,533 3,778,461 96.67%130,072 3.33% 2014 4,075,791 3,960,684 97.18%115,107 2.82% 2015 4,326,040 4,189,390 96.84%136,650 3.16% 2016 4,568,789 4,412,561 96.58%156,228 3.42% 2017 4,842,897 4,643,891 95.89%199,007 4.11% 2018 5,081,117 4,838,019 95.22%243,098 4.78% Source: Los Angeles County Auditor/Controller. City Finance Department Fiscal Year of Levy CITY OF DIAMOND BAR, CALIFORNIA Property Tax Levies and Collections Last Ten Fiscal Years Collected within the (unaudited) Collections in Subsequent 117 Fiscal Year Lease Unamortized Total Total % of Debt Ended Revenue Bond Premium Governmental Primary Personal Per June 30 Bonds (a) (Discount) Activities Government Income (b) Capita (b) 2009 12,760,000 (110,040) 12,649,960 12,649,960 0.66%210 2010 12,480,000 (105,455) 12,374,545 12,374,545 0.66%223 2011 12,190,000 (100,869) 12,089,131 12,089,131 0.62%217 2012 11,470,000 243,853 11,713,853 11,713,853 0.63%210 2013 11,135,000 229,727 11,364,727 11,364,727 0.57%203 2014 10,785,000 215,601 11,000,601 11,000,601 0.55%195 2015 10,420,000 201,475 10,621,475 10,621,475 0.55%188 2016 10,035,000 187,349 10,222,349 10,222,349 0.53%179 2017 9,635,000 173,223 9,808,223 9,808,223 0.50%172 2018 9,215,000 159,097 9,374,097 9,374,097 0.48%163 Note: (a) Details regarding the City's outstanding lease revenue bonds can be found in the notes to the financial statements. (b) Details regarding the City's population and personal income can be found in the Demographic and Economic Statistics Table. Source: City Finance Department Governmental Activities CITY OF DIAMOND BAR, CALIFORNIA Ratios of Outstanding Debt by Type Last Ten Fiscal Years (Unaudited) 118 Gross Bonded % Applicable Net Bonded Debt Balance To City (1)Debt Direct Debt as of June 30, 2017 Diamond Bar Lease Revenue Bond 9,215,000$ 100.000 9,215,000$ Net Unamortized Bond Premium 159,097$ 100.000 159,097$ 9,374,097 Overlapping Debts as of June 30, 2017 (2) 330.10 Metropolitan Water District 29,354,442 0.850 245,557 809.56 Mt San Antonio CCD DS 2008 Series 13A 200,306,691 11.007 22,047,255 809.57 Mt San Antonio CCD DS 2008 Series 2013B 7,350,000 11.007 808,996 809.58 Mt San Antonio CCD DS 2013 Series A 63,210,000 11.007 6,957,366 809.59 Mt San Antonio CCD DS 2013 Series B 37,010,000 11.007 4,073,598 809.60 Mt San Antonio CCD DS 2008 Series 2015C 16,750,000 11.007 1,843,630 809.61 Mt San Antonio CCD DS 2015 Ref Bonds 19,130,000 11.007 2,105,591 915.62 Pomona Unified School District 2000 Ser A 12,625,000 19.616 2,476,464 915.64 Pomona Unified SD Refunding 2001 Ser A 11,185,000 19.616 2,194,000 915.71 Pomona Unified School District 2008 Series A 2,450,000 19.616 480,581 915.72 Pomona USD DS 2008 Series B 2,650,000 19.616 519,812 915.73 Pomona USD 2008 Series C 42,155,000 19.616 8,268,938 915.74 Pomona USD DS 2012 Refunding Bond Series A 23,530,000 19.616 4,615,541 915.75 Pomona USD DS 2012 Refunding Bond Series B 13,595,000 19.616 2,666,735 915.76 Pomona USD DS 2008 Series D QSCBS 20,970,000 19.616 4,113,383 915.79 Pomona USD DS 2015 Ref Bonds 38,325,000 19.616 7,517,663 915.80 Pomona USD DS 2016 Ref Bond Series B 19,904,187 19.616 3,904,317 915.81 Pomona USD DS 2008 Ref Bond Series G 24,475,000 19.616 4,800,908 915.82 Pomona USD DS 2016 Ref Bonds 6,240,000 19.616 1,224,011 915.83 Pomona USD DS 2016 Series A 42,100,000 19.616 8,258,150 915.84 Pomona USD DS 2016 Series B 20,000,000 19.616 3,923,112 980.60 Walnut Valley Unified USD DS 2000 Series E 11,428,114 60.134 6,872,141 980.62 Walnut Valley Unified SD 2007 Series A (Measure S) 4,836,592 60.134 2,908,419 980.64 Walnut Valley Unified SD 2011 Refunding 23,787,265 60.134 14,304,149 980.65 Walnut Valley Unified SD 2007 Series B Meas. S 535,000 60.134 321,715 980.67 Walnut Valley Unified SD 2012 Ref Bonds 1,395,000 60.134 838,864 980.68 Walnut Valley USD 2007 Series C 130,000 60.134 78,174 980.69 Walnut Valley USD 2014 Ref Bonds Series A 66,920,000 60.134 40,241,434 980.70 Walnut Valley USD 2014 Ref Bonds Series B 40,010,000 60.134 24,059,471 980.71 Walnut Valley USD 2016 Ref Bonds 43,765,000 60.134 26,317,489 Total Overlapping Debts:846,122,291 208,987,464 Grand Total Direct and Overlapping Debt:855,337,291$ 218,361,561$ Debt to Assessed Valuation Ratios as of June 30, 2018: 2017/18 Net Assessed Valuation: $ 9,587,033,522 Direct Debt 0.10%$163 2018 Total City Population: 57,460 Overlapping Debt 2.18%$3,637 Total Debt 2.28%$3,800 Note: (1)Percentage of direct and overlapping agency's assessed valuation located within boundaries of the city. (2)The overlapping debt is the portion of a larger agency, and is responsible for debt in areas outside the city. Source: Hdl Coren & Cone U.S. Census Bureau City Finance Department (unaudited) CITY OF DIAMOND BAR, CALIFORNIA Direct and Overlapping Debt June 30, 2018 119 Gross Bonded % Applicable Net Bonded Debt Balance To City (1)Debt Direct Debt as of June 30, 2009 146.01 Diamond Bar Lease Revenue Bond 12,760,000$ 100.000 12,760,000$ Unamortized Discount (110,040)$ 100.000 (110,040)$ 12,649,960$ Overlapping Debts 330.10 Metropolitan Water District 137,096,151 0.835 1,144,747 809.50 Mt San Antomio CCD 2001 Series A 3,365,000 10.487 352,891 809.51 Mt San Antomio CCD 2004 Series B 11,610,000 10.487 1,217,552 809.52 Mt San Antomio CCD 2005 Refunding Bond 66,810,843 10.487 7,006,519 809.53 Mt San Antomio CCD 2001 Series C 2006 79,861,070 10.487 8,375,110 809.54 Mt San Antomio CCD 2001 Series D 2008 26,003,609 10.484 2,726,159 915.57 Pomona Unified AD Refund Series 1997 A 34,950,000 19.316 6,750,790 915.62 Pomona Unified SD 2000 Series A 18,070,000 19.316 3,490,323 915.64 Pomona Unified SD Ref 2001 Series A 19,050,000 19.316 3,679,615 915.65 Pomona Unified SD Ref 2002 Series A 8,465,000 19.316 1,635,063 915.66 Pomona Unified SD Ref 2002 Series B 13,105,000 19.316 2,531,305 915.67 Pomona Unified SD Ref 2002 Series C 13,615,000 19.316 2,629,814 915.68 Pomona Unified SD Ref 2002 Series D 13,920,000 19.316 2,688,727 915.69 Pomona Unified SD Ref 2002 Series E 47,495,000 19.316 9,173,927 915.70 Pomona Unified SD 2007 Ref Bonds 9,161,242 19.316 1,769,546 980.55 Walnut Valley Unified SD Series 1997 A 29,312,718 58.942 17,277,606 980.56 Walnut Valley Unified SD 2000 Series A 445,000 58.942 262,293 980.57 Walnut Valley Unified SD 2000 Series B 205,000 58.942 120,832 980.58 Walnut Valley Unified SD 2000 Series C 6,940,000 58.942 4,090,599 980.59 Walnut Valley Unified SD 2000 Series D 21,518,114 58.942 12,683,283 980.60 Walnut Valley Unified SD 2000 Series E 6,001,837 58.942 3,537,624 980.61 Walnut Valley Unified SD 2005 Ref Bds 11,770,000 58.942 6,937,515 980.62 Walnut Valley Unified SD 2007 Series A (M-S) 29,600,000 58.928 17,442,750 980.63 Walnut Valley Unified SD 2007 Series A (M-Y) 7,200,887 58.928 4,243,354 615,571,471 121,767,944 Grand Total Direct and Overlapping Debt:628,221,431$ 134,417,904$ 2008/09 Net Assessed Valuation: $ 7,201,620,222 Debt to Assessed Valuation Ratios: 2009 Total City Population: 60,184 Direct Debt 0.18%$210 Overlapping Debt 1.69%$2,023 Total Debt 1.87%$2,233 Note: (1)Percentage of direct and overlapping agency's assessed valuation located within boundaries of the city. (2)The overlapping debt is the portion of a larger agency, and is responsible for debt in areas outside the city. Source: Hdl Coren & Cone U.S. Census Bureau City Finance Department CITY OF DIAMOND BAR, CALIFORNIA Direct and Overlapping Debt June 30, 2009 (unaudited) 120 Fiscal Year 2014 2015 2016 2017 2018 Net assessed value 7,751,853,846$ 8,188,945,156$ 8,636,748,704$ 9,187,457,108$ 9,587,033,522$ Add back: Exemptions 83,574,453 83,189,280 85,146,082 62,484,967 78,363,662 Gross assessed value 7,835,428,299 8,272,134,436 8,721,894,786 9,249,942,075 9,665,397,184 Conversion percentage 25%25%25%25%25% Adjusted assessed valuation 1,958,857,075 2,068,033,609 2,180,473,697 2,312,485,519 2,416,349,296 Debt limit percentage 15%15%15%15%15% Debt limit 293,828,561 310,205,041 327,071,054 346,872,828 362,452,394 City Debts: Revenue bonds 10,785,000 10,420,000 10,035,000 9,635,000 9,215,000 Unamortized Bond Premium 215,601 201,475 187,349 173,223 159,097 Legal debt margin 282,827,960$ 299,583,566$ 316,848,705$ 337,064,605$ 353,078,297$ Fiscal Year 2009 2010 2011 2012 2013 Net assessed value 7,201,620,222$ 7,095,299,195$ 7,193,712,566$ 7,350,019,952$ 7,469,396,334$ Add back: Exemptions 48,909,164 66,422,679 70,706,628 74,296,191 78,856,697 Gross assessed value 7,250,529,386 7,161,721,874 7,264,419,194 7,424,316,143 7,548,253,031 Conversion percentage 25%25%25%25%25% Adjusted assessed valuation 1,812,632,347 1,790,430,469 1,816,104,799 1,856,079,036 1,887,063,258 Debt limit percentage 15%15%15%15%15% Debt limit 271,894,852 268,564,570 272,415,720 278,411,855 283,059,489 City Debts: Revenue bonds 12,760,000 12,480,000 12,190,000 11,470,000 11,135,000 Unamortized Bond Premium (110,040)(105,455) (100,869)243,853 229,727 Legal debt margin 259,244,892$ 256,190,025$ 260,326,589$ 266,698,002$ 271,694,762$ The Government Code of the State of California provides for a legal debt limit of 15% of gross assessed valuation. However, this provision was enacted when assessed valuation was based upon 25% of market value. Effective with the 1981-82 fiscal year, each parcel is now assessed at 100% of market value (as of the most recent change in ownership for that parcel). The computations shown above reflect a conversion of assessed valuation data for each fiscal year from the current full valuation the 25% level that was in effect at the time that the legal debt margin was enacted by the State of California for local govern- ment located within the state. Source: Section 43605 of the California Government Code Hdl Coren & Cone City Finance Department CITY OF DIAMOND BAR, CALIFORNIA Computation of Legal Debt Margin Last Ten Fiscal Years (unaudited) 121 THIS PAGE INTENTIONALLY LEFT BLANK 122 General Information Date of Incorporation April 18, 1989 Form of Government Council-Manager Area 14.88 Square Miles Miles of Streets 132.3 Public Safety Police Protection Los Angeles County Sheriff Department Fire Protection Los Angeles County Fire Department Education School District Pomona Unified School District Schools 1 High School, 1 Middle School, & 4 Elementary Schools School District Walnut Valley Unified School District Schools 1 High School, 2 Middle Schools, & 4 Elementary Schools Personal Per Capita Median Pop 25+Pop 25+ Calendar Income Personal Household Unemployment Median High School Bachelor Year Population (In Thousands) Income Income Rate Age Degree Degree 2008 59,920 1,929,498 32,201 83,115 8.30% 39.2 93.1% 46.7% 2009 60,184 1,885,698 31,332 85,351 9.10% 39.8 92.0% 47.6% 2010 61,019 1,960,418 32,128 84,402 8.80% 40.5 92.5% 47.8% 2011 55,819 1,846,158 33,074 83,454 6.60% 40.6 92.6% 48.8% 2012 56,099 1,991,290 35,496 83,654 5.40% 41.3 92.4% 49.7% 2013 56,400 1,984,772 35,191 84,180 5.30% 40.9 92.0% 48.4% 2014 56,426 1,919,782 34,023 84,705 4.30% 41.1 91.5% 47.9% 2015 57,081 1,943,144 34,041 85,505 3.30% 42.0 92.1% 50.9% 2016 57,066 1,978,657 34,673 89,409 3.30% 42.0 92.1% 50.9% 2017 57,460 1,953,402 33,995 94,630 3.80% 42.2 92.4% 50.7% Population Distribution by Race (2010 US Census)Total Percent Asian 28,106.06 50.40% White 18,570.08 33.30% Hispanic or Latino 10,294.40 18.46% African American 2,174.87 3.90% Others - 0.00% Single Family Residential Full Value Sales (01/01/2012-06/30/2018)* Year Full Value Sales Average Price Median Price Median % Change 2012 789 484,681 417,500 2013 814 591,380 500,000 19.76% 2014 701 660,281 535,000 7.00% 2015 726 626,515 551,000 2.99% 2016 837 628,252 570,000 4.22% 2017 745 645,253 589,500 3.42% 2018 311 (Jan-Jul 2018)678,300 649,000 10.09% *"Single Family Residential" includes both stand-alone homes and townhouses and condos with a common wall. Source:L.A. County Recorder HdL Cornen & Cone US Bureau of the Census. The official population census of the United States is conducted every ten years, most recently in 2010. Median Household Income were obtained from U.S. Census Bureau, 2017 American Community Survey 1-Year Estimates. CITY OF DIAMOND BAR, CALIFORNIA Demographic and Economic Statistics (unaudited) 123 2008 2009 2010 2011 2012 Apparel Stores 817$ 625$ 648$ 724$ 905$ Food Stores 13,286 12,249 11,846 11,577 10,189 Eating and Drinking Places 49,952 46,028 46,572 48,948 50,623 Building Materials 2,827 2,114 2,371 2,811 2,584 Auto Dealers and Supplies 21,268 11,139 7,696 6,021 6,390 Service Stations 115,009 89,072 99,425 119,738 125,532 Other Retail Stores 65,624 65,884 63,337 62,769 67,940 All Other Outlets 84,995 78,261 89,576 92,974 89,423 Total 353,778$ 305,372$ 321,471$ 345,562$ 353,586$ Source: State of California Board of Equalization and The HdL Companies. Note: Due to confidentiality issues, the names of the ten largest revenue payers are not available. The categories presented are intended to provide alternative information regarding the sources of the City's revenue. CITY OF DIAMOND BAR, CALIFORNIA Last Ten Calendar Years (in thousands of dollars) Taxable Sales by Category 124 2013 2014 2015 2016 2017 1,598$ 1,924$ 2,104$ 2,347$ 2,007$ 10,523 11,004 12,481 15,583 17,395 52,948 54,396 56,915 59,448 63,196 1,919 1,617 2,115 2,434 2,870 7,150 7,607 7,654 7,583 6,653 120,373 112,494 104,369 92,417 96,579 68,864 67,781 60,735 62,035 62,139 95,669 99,005 208,775 252,397 256,543 359,044$ 355,828$ 455,148$ 494,244$ 507,382$ 125 Function 2014 2015 2016 2017 2018 General government 24 25 25 27 27 Community development 88998 Public works 8 9 10 17 17 Community services-(full time)14 15 14 0 0 -(part time & seasonal)60 58 56 0 0 Parks and recreation-(full time)99 -(part time & seasonal)50 65 Total 114 115 114 112 126 Function 2009 2010 2011 2012 2013 General government 25 21 24 23 24 Community development 78888 Public works 10 9 9 9 8 Community services-(full time)14 14 14 14 14 -(part time & seasonal)57 61 61 61 60 Total 113 113 116 115 114 Note: The City is a contract city and as such contracts for many of its services. This includes police services, fire services, building and safety services, engineering, road maintenance and landscape maintenance. A full-time emplyee is scheduled to work 2,080 hours per year (including vacation and sick leave). Beginning In FY2017, part of the former Community Services Department, road maintenance and landscape maintenance, has been centralizd in Public Works. Source: City Finance Department Fiscal Year Ended June 30, Fiscal Year Ended June 30, CITY OF DIAMOND BAR, CALIFORNIA Full-time and Part-time City Government Employees by Function/Program 126 2014 2015 2016 2017 2018 Police:(in fiscal year) (1) Physical arrests 494 522 702 636 493 Street Sweeping Parking Citation 5,774 5,887 5,682 5,289 5,367 Fire: (in fiscal year) (2) Number of emergency calls 2,760 2,820 3,180 3,331 3,362 Inspections 1,434 1,413 1,667 1,336 1,403 Public works: (in fiscal year) (3) Street resurfacing (miles)12.5 17.0 19.3 14.4 17.2 Parks and recreation:(in fiscal year)(4) Number of recreation classes(5) 2,623 2,591 2,546 2,338 2,461 Number of facility rentals 4,178 4,491 4,804 4,316 4,610 2009 2010 2011 2012 2013 Police: (1) Physical arrests 591 700 647 737 630 Street Sweeping Parking Citation 5,103 5,110 4,137 3,766 3,776 Fire: (2) Number of emergency calls 2,561 2,654 2,594 2,516 2,604 Inspections 1,100 979 1,202 1,287 1,477 Public works: (3) Street resurfacing (miles)13.8 23.3 12.0 9.2 8.3 Parks and recreation:(4) Number of recreation classes 1,315 2,456 2,115 2,096 2,082 Number of facility rentals 4,299 4,111 4,147 4,270 4,332 Sources: (1) Police Walnut/Diamond Bar Station (2) LA County Fire Dep East Regional Operation Bureau (3) City Public Works Department (4) City Community Services Department (5) Includes online classes Note: Indicators are not available for the general government function. Function Fiscal Year Ended June 30, Function Fiscal Year Ended June 30, CITY OF DIAMOND BAR, CALIFORNIA Operating Indicators by Function Last Ten Fiscal Years 127 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Public safety (1) Police: Station 1 1 1 1 1 1 1 1 1 1 Patrol units (all shifts combined) 18 18 18 18 18 18 18 18 18 18 Fire stations (2)3 3 3 3 3 3 3 3 3 3 Highways and streets (3) Streets (miles)128 129.4 129.4 129.4 129.4 129.4 129.4 130.9 130.9 132.3 Streetlights 233 294 294 294 294 294 294 294 307 307 Traffic signals 73 73 74 74 74 74 74 74 76 76 Culture and recreation (4) Parks Acreage 62.7 62.7 63.6 67.9 67.9 67.9 67.9 67.9 72.6 79.4 Hiking Trails 2.7 2.7 2.7 3.2 3.2 3.2 4.0 4.0 4.5 4.5 Parks 13131415151515151617 Public Tennis courts 8 8 8 8 8 8 8 8 8 8 Community centers 3 3 3 3 3 3 3 3 3 3 Golf Course (5) County golf course 1 1 1 1 1 1 1 1 1 1 Sewer (3) Sanitary sewers (miles)157 158.4 158.4 158.4 161.21 161.21 161.21 161.21 161.38 161.38 Sources: (1) Police Walnut/Diamond Bar Station (2) LA County Fire Department, Division VIII Office (3) City Public Works Department (4) City Community Services Department (5)LA County Golf Course Note: The City is a contract city and as such contracts for many of its services. This includes police services, fire services, building and safety services, engineering, road maintenance and landscape maintenance. No capital asset indicators are available for the general government function. Fiscal Year Ended June 30 Function CITY OF DIAMOND BAR, CALIFORNIA Capital Asset Statistics by Function Last Ten Fiscal Years 128